Existing Restaurants
Why leave money on the table?
At razor-thin margins, the average restaurant profitability is only 4%. But it doesn’t have to be that way. We believe that any restaurant can earn at least 15% profit through a strategic plan designed to increase revenue and decrease expenses.
We have helped over 1,000 clients achieve their goals since 2001 – from multi-unit chains to independent operations, hotels, golf courses and bars.
To achieve a profitable bottom line, restaurant operators need to deliver two things: a 10/10 guest experience and fiscal discipline. Here’s what you need to know:
The Guest Experience
Your concept must start at 10/10. Brand, concept and menu all need to work hand-in-hand with the potential to wow your guests. A unique and memorable concept will ensure that your brand representation is on point with the experience and environment. Pairing that with practical staff training will allow you to execute your game plan.
Build a Culture of Excellence
Restaurants rely on word of mouth advertising to build foot traffic and customer loyalty. And the key to word of mouth is how your guests rate their overall experience. A 7/10 experience isn't enough to get that crucial word of mouth recommendation. To maximize your sales revenue, your restaurant needs to deliver a 10/10.
Instill Fiscal Discipline
There are multiple variables necessary to achieve fiscal responsibility for any business operation. Controlling product and labour costs through proper menu engineering and efficient systems and procedures can add 2%-5% to your bottom line. For a $2 million operation, that’s $40,000 to $100,000 of additional profit.
Interested in learning more about how to increase your restaurant’s profitability?
Contact us to find out how.
If you don't feel your team delivers a 10/10, then we can help—whether it is your overall brand and concept, your menu or staff training and execution, our team can help you get to that level you need to be, including:
✓ Brand Refresh
✓ Menu Development
✓ Profit Modelling/Menu Engineering
✓ Staff Training
✓ Operational Systems and Procedures
✓ Bookkeeping
✓ Marketing/PR
Don't just take our word for it. See what our clients say:
“The Fifteen Group’s processes and insight into our operation have, in fact, allowed me to achieve the goal of a second location, and their influence is a major reason for our continued success.”
“Our profits have increased by almost 5% (of sales) since your systems have been implemented.”
“The implementation of your Systems and Procedures has provided our managers with a process and the information needed to effectively manage their cost centres. We already see improvements in Labour Cost and Product Cost.”
Improving Your Restaurant Operation — Things To Consider
